Five Ways To Profit From The Commodity Nobody Likes

Tony Daltorio, Investment U Research

Forget Superman… the real man of steel is Lakshmi Mittal, chairman of the world’s biggest steelmaker, Arcelor Mittal ADR (NYSE: MT).

Mittal has built an empire – and a personal fortune – by being optimistic when it comes to the global steel industry. And he still maintains that confidence today, recently going on record to say that global demand could rise by more than 10% in 2010.

Meanwhile, many of his peers in the industry sport trembling lower lips over their present and future.

Believe it or not, that ongoing debate matters to everybody, not just those investing directly in the commodity. Steel demand feeds into a huge range of sectors, so much so that many regard it as an important bellwether of industrial trends.

The Half-Empty, Steel Glass

Other than

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China Opportunity Acquisition Corporation, a New Jersey investment company set up to search out and acquire or control a uniquely positioned Chinese operating business, announced success today in an agreement to merge with one of China’s leading specialty steel producers. The Chinese company is called Golden Green Enterprises, Ltd. (“BVICo”), and its steel producing subsidiary is called Henan Green Complex Materials Co., Ltd. (“Ge Rui”).

Under terms of the agreement, BVICo will be the surviving entity, with Ge Rui’s current management team remaining in place. China Opportunity’s Chairman and CEO, Harry Edelson, will become a director of the combined company, and will name one additional director to the seven member board. The combined company is expected to change its name to China Opportunity Holdings Ltd., with its securities to be listed on NASDAQ.

Mr. Edelson explained China Opportunity’s choice of BVICo and Ge Rui. “Ge Rui has emerged as one of

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The Metal Industry has been on fire and with the unstoppable world wide demand for metal, there appears more room to gain for the best players.  The developing Nations need metal, and we've got your Heavy Metal Index in time for the weekend, Rock On. First up, the ultimate Metal stock, United States Steel Corporation (Public, NYSE:X). These guys have been making steel for more than 100 years and they have more than 49,000 U. S. Steel employees around the world.  The big X has an annual raw steelmaking capability of 31.7 million net tons, they are more metal than Black Sabbath themselves. Just take a look ...